President Moon Jae-in said he plans to invest more than 20 trillion won in future vehicle industries such as electric vehicles and hydrogen vehicles by 2025.
President Moon visited Hyundai Motor Company's Ulsan plant today (30th), saying, "Tesla, an electric vehicle company, has surpassed global automobile companies and has risen to the top in corporate value."
President Moon said, "The car of the future is completely changing the game of the automobile industry. In particular, the next five years will be the golden time to lead the future car market."
At the same time, he said that he will speed up the spread by making 2022 the first year of popularization of future cars.
President Moon also expressed his intention to develop the future car industry as a major export industry, expand related jobs, and transform the industrial ecosystem to focus on future cars.
"By 2025, we will supply 1.13 million electric vehicles and 200,000 hydrogen vehicles, and promote entry into the North American, European and Chinese markets," he said. "We will grow secondary battery materials, parts and equipment into a new industry with annual sales of 13 trillion won." Said.
Regarding the autonomous vehicle, he said, "We will commercialize the world's first level 4 level autonomous vehicle in 2027. We will create a business reorganization support group to help 1,000 auto parts companies convert into the future car business by 2030." .
(Photo = Yonhap News)